Apple reported a blockbuster quarter for iPhone sales at the end of last year as holiday purchases and a rebound in China helped it beat its already ambitious expectations with a record $144bn in revenue.
A strong launch for the iPhone 17 pushed smartphone revenue up 23 per cent year on year in the three months to the end of December, Apple said on Thursday — driving overall revenue growth of 16 per cent, far ahead of its guidance of 10-12 per cent.
The smartphone giant said sales in the crucial Chinese market jumped 38 per cent year on year, while it reported $42bn in net income for the quarter, well ahead of expectations.
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